Word: ironize
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...laugh at my naïve optimism, pointing to the prevalence of steroids and weight training as evidence that the offensive beast is still tightening its iron grip on pitching. But when Aaron Heilman of New York, a pitcher who entered the season with a career ERA of 6.36, threw a one-hit shutout last Friday night, I knew that the great wheel of the baseball ages had already begun to turn...
...Zimbabwe, Robert Mugabe, and the ruling Zimbabwe African National Union-Patriotic Front (ZANU-PF) simply stole another election. Mugabe has ruled Zimbabwe for 25 years, and—despite the fact that the former breadbasket of Africa has become the famine-ravaged basketcase of Africa—his iron-fisted grip on power seems unassailable...
...Japan sends more goods to China[*] some $9 billion worth so far this year--than any other country except the U.S. "We see no limit to economic relations with China," said Japan's Yoshino. In addition, China is building trade with less developed Asian countries, buying rubber and pig iron, for example, from Malaysia...
...Follow the ore. In the ocher landscape of the Pilbara, in Australia's remote northwest, you'll see what China's appetite for minerals can do to a region - and for mining companies and their shareholders. In 2004, Australian iron-ore exports to China increased by 41%. In such a strong market, Chinese steel producers agreed to a 20% price rise. But if miners had been able to dig up the ore and ship it out faster, the Chinese would have bought even more. Mining company Rio Tinto has been selling iron ore to China for three decades...
...China's hunger for resources has also exposed inadequacies in Australia's infrastructure and work practices. Exports could have been even higher. Long queues of ships kept waiting off Dalrymple Bay in Queensland to load coking coal for China symbolize the problems. In this year's iron ore negotiations, Chinese buyers settled for a 71.5% price increase (BHP Billiton, fresh from securing a 25-year supply contract, had sought to double its price via a rise in the freight rate it charges mills). Chinese officials say supply bottlenecks are to blame for the price hikes. Ambassador Fu has raised...